Tag: news

Posts with tag: news

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Asda's Sales Slump Continues as Chairman Leighton Battles to Halt Decline

Asda suffers fresh sales slump as new Chairman Allan Leighton attempts to revive the UK supermarket's fortunes.

Vodafone's German Woes Continue as Competition Intensifies

Vodafone reports Q3 earnings with a 6% drop in German service revenue due to legal changes and competition. Despite the decline, the company remains optimistic about its turnaround strategy and delivers strong performance in other markets.

Canada, US pause tariffs for 30 days

Trudeau and Trump agree to pause tariffs on Canadian and US goods, appoint new fentanyl czar, list cartels as terrorists, launch joint strike force, allocate $200 million in intelligence directive, and add border security resources.

US Business Loan Demand Rebounds in Q4, Survey Finds

U.S. banks see increasing demand for business loans for the first time in two years, according to a Federal Reserve survey

Tariffs on Mexico, Canada, China Would Hike Grocery Costs

President Trump's tariffs on Canada, Mexico, and China could lead to higher prices for everyday goods, including avocados, tomatoes, beer, and liquor. Constellation Brands (STZ) is particularly vulnerable due to its reliance on Mexican beer production.

Asian Gold Flows to U.S. on Arbitrage Rush

Global gold banks ship gold from Asia to the US amid high premiums on Comex futures over spot prices, creating an arbitrage opportunity.

Bill Gates Reveals Trying Acid and Microsoft's AI Focus in New Book

Microsoft co-founder Bill Gates discusses his early life, drug use, the success of Microsoft, and the future of AI in conversation with Yahoo Finance's Brian Sozzi.

US Factory Activity Expands in January as Orders Rise

US factory activity expanded for the first time since 2022, with orders and production increasing, suggesting a brighter manufacturing outlook despite tariff threats.

US Oil Outperforms Peers on Trump Tariffs, Threatening Supplies

US crude futures outpace other oil markets as tariffs threaten supplies from Canada and Mexico, potentially impacting prices and supply dynamics.

Trump Tariffs Hit Industrial Metals on Trade War Fears

Trump's tariffs on China, Canada, and Mexico send industrial metals tumbling on LME, with copper down 0.9% and iron ore declining 1.4%; China vows countermeasures as trade war looms, threatening global economic growth and metals demand.